To date, Mr. Obermaier has distributed over $40 million to eligible claimants.
All litigation actions for the recovery of funds have been concluded, and he is confident
that there are no further assets to be recovered, or litigations to be initiated for the
purpose of recovering additional funds for the benefit of defrauded investors.
At this time the Receiver is preparing for a final distribution to investors in one or more
of the receivership funds and will be filing the required papers with the court shortly to
obtain approval to accomplish that. Shortly thereafter, he will proceed to close this case.